Sunday, July 31, 2011

WSJ on the Greatness of Mad Leaders

Well, this is insane.

EPJ's Taylor Conant reports on WSJ's promotion of madness as an important quality in leaders during times of crisis, here.


  1. I think Charles Smith and the WSJ are right, and that you are too tough on us nutty bipolar types, Bob.

    Charles Smith's thoughtful review (scroll way down):

    The column's thesis, that bipolar types see things realistically, and not optimistically, makes sense to me. Select normal folks like you see the world differently and realistically, too. But, nutty guys like me and the autistic doctor/investor betted insanely that our worldview was correct: I put 100% of my net worth double short the S&P 500, plus more on margin, in March '07, and reaped a 3X reward in November '08. I did not hear of any 'sane' person that did that or reaped that sort of reward.

    Us nutty guys will lead the path with correct diagnoses and innovative solutions during the upcoming unrest, upheaval, and, I hope, rebirth.

  2. Anon 12:49 -
    And how does that apply to mass murder, which seems to be what "great leaders" do?

    Thanks, Ralph Raico

  3. Nice catch, Conant.

    It's true that many people who have some mental failing or even pathology end up doing well in politics.

    Not surprising, since politics is essentially pathological.

    Only the wsj would think that means we need more pathological people. Most people would figure we need less politics.

  4. Richard Nixon was not a mass murderer, though he had a dark personality.

    I would not doubt that Ron Paul has a bit of darkness, or 'uniqueness', to his personality. How else do you stay true to principals for 40 years in the face of withering public criticism and ridicule?

  5. Dr. Raico, I am reading your book as we speak, and I thoroughly enjoy it.

    Yep, maybe I am wrong on the WSJ article, as, upon reread, it is pushing murderous nuts for leadership. I was thinking of business leadership (having just seen a business fail under the tutelage of a mainstream thinker; the CEO now acknowledges that the 'nutty' path that I pushed as CFO three years ago may have been the right one, instead).

  6. When shills for the state are reduced to writing inane, insane, and insulting bullshit like this, then you know that the tide is turning in favor of free minds and free markets, for peaceful relations and against entangling alliances.

    Dale Fitz